Clinton Portis owes his mom $500K, $5 million in total debt

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Clinton Portis filed for Chapter 11 bankruptcy in November. And the filings, published by Deadspin, reveal that the former NFL running back owes a lot of money to a lot of people ... including his mom.





Portis's debt to creditors, in total, adds up to $4,857,659.50 — a number equivalent to more than 11 percent of Portis's total earnings in a nine-year, NFL career according to Spotrac data. But it's the breakdown of that debt that makes this story a bit bizarre.


The filing from Portis has predictable creditors; his debts include unpaid phone bills, a repossessed BMW, Atlantic City casino losses and back taxes. But Portis also owes money to several women in his life, for reasons seemingly unknown.


For example, Portis owes $500,000 to his own mother, and the same amount to Nischelle Turner — a correspondent for Entertainment Tonight and CNN. Portis also owes money to four separate women — "unpaid domestic support" that sums more than $400,000.


The debt looks overwhelming in comparison to Portis's current income. According to the filings, he makes $3,500 monthly from NFL disability payments, as well as $1,000 for his sideline reporting gigs.


A report from the Gainesville Sun in November might, in part, explain Portis's owed mother money. According to the Sun, the bankruptcy filing stopped foreclosure proceedings for a house in Florida. A house Portis had built for his mother. The 7,000-square-foot home faced foreclosure because of an unpaid loan of $920,000.
Sun sources say Portis has been "a victim of swindlers." He also lost money in a failed casino venture in Alabama.
 

I'm from the government and I'm here to help
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ahhhh...."a victim"
 

Scottcarter was caught making out with Caitlin Jen
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I wonder what Vlads' take on this is....
 

I'm from the government and I'm here to help
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according to sportrac Portis made $43,101,000 in his NFL career. 22M in signing bonuses, 11M in salary, 3M in option bonuses, and 7M in roster bonuses

43 million dollars....
 

Scottcarter was caught making out with Caitlin Jen
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according to sportrac Portis made $43,101,000 in his NFL career. 22M in signing bonuses, 11M in salary, 3M in option bonuses, and 7M in roster bonuses

43 million dollars....
Damn....
 

Rx Alchemist.
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according to sportrac Portis made $43,101,000 in his NFL career. 22M in signing bonuses, 11M in salary, 3M in option bonuses, and 7M in roster bonuses

43 million dollars....

Well then, you now understand why he was forced into bankruptcy. Only pulling in 43 Mil.
 

hacheman@therx.com
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Well i don't know where his mom would have come up with a half million dollars so he must have gave it to her to begin with & borrowed it back.


Nor sure if that counts as owing her...
 

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Network only pays him a Thousand a Month (or $250 a week) for reporting stuff from the sidelines?

Thats shocking.

Maybe they had wind of his Financial Challenges 'n Lowballed him at sign up. For the gig.
 

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according to sportrac Portis made $43,101,000 in his NFL career. 22M in signing bonuses, 11M in salary, 3M in option bonuses, and 7M in roster bonuses

43 million dollars....

Plus endorsement $
 
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Fellow homeboy, Antoine Walker must have been his financial advisor. These guys are just too stupid to live.
 

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Any person who goes to college and thinks he has a legitimate chance at making the pros, needs to take some sort of business or financial type of major. Or at least have some common sense, or at the minimum, hire a HUGE and TRUSTED firm to control most of your assets, so you don't end up broke, in debt or totally bankrupt.
 
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Really, how do you grow up poor as hell, basically win the lottery yet be 40 years old and broke. I couldn't do it. If I woke up to say 40 million dollars, I would buy a nice house with cash (Indianapolis is a million dollars max) a nice car (not a Bentley or whatever the homeboys think is cool today)...That's it. I get if you want to buy your mom a house if she is in the projects or at least just pay her house off if she likes it....These jackasses are so stupid. Takes real talent to blow through 40 million plus in a matter of years.
 

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